RÖHL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
RÖHL
NACE 43.120, Site preparation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€209,539
2024 · €156,214+€53,325
Equity
€1.2m
2024 · €1.0m+€109,282
Cash
€619,692
2024 · €566,636+€53,056
Balance sheet total
€2.4m
2024 · €2.1m+€389,479
Largest movements
Assets
- Tangible fixed assets +€242,761
up €242,761 (+25.4%), from €957,462 to €1.2m
- Receivables within one year +€87,872
up €87,872 (+22.1%), from €397,568 to €485,440
of which Trade receivables: +€92,826
- Cash +€53,056
up €53,056 (+9.4%), from €566,636 to €619,692
mainly Depreciation (+€222,263) and Net result for the year (+€209,539)
- Stocks and contracts +€29,781
up €29,781 (+44.3%), from €67,252 to €97,033
of which Contracts in progress: +€24,213
Equity and liabilities
- Debts after one year +€205,381
up €205,381 (+63.1%), from €325,540 to €530,922
- Profit (loss) carried forward +€109,539
up €109,539 (+12.4%), from €886,883 to €996,422
- Trade debts +€66,306
up €66,306 (+23.9%), from €277,822 to €344,127
Income statement
- Gross operating margin +€109,167
up €109,167 (+7.1%), from €1.5m to €1.7m
- Depreciation +€31,569
up €31,569 (+16.6%), from €190,694 to €222,263
- Staff costs +€27,594
up €27,594 (+2.5%), from €1.1m to €1.1m
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€156,214
Gross operating margin
+€109,167
Staff costs
-€27,594
Depreciation
-€31,569
Provisions
-€3,645
Other operating charges
-€3,623
Financial income
+€1,516
Financial charges
+€7,799
Taxes
+€1,274
Result 2025
€209,539
raises the resultlowers the result
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€367,389
Investment
-€439,689
Financing
+€125,356
Cash 2024
€566,636
From operations (derived)
+€367,389
Net result for the year
+€209,539
Depreciation
+€222,263
Stocks and contracts
-€29,781
Receivables within one year
-€87,872
Deferred charges and accrued income
-€1,344
Provisions
+€4,155
Trade debts
+€66,306
Tax, wage and social debts
-€17,320
Accrued charges and deferred income
+€1,442
Investment (derived)
-€439,689
Investment in fixed assets (net)
-€439,689
Financing
+€125,356
Debts after one year
+€205,381
Current portion of long-term debt
+€20,232
Contributions, distributions and other
-€100,258
Cash 2025
€619,692
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,055,676 | €2,445,155 | +€389,479 | +18.9% |
| Fixed assets | 21/28 | €1,006,071 | €1,223,497 | +€217,426 | +21.6% |
| Intangible fixed assets | 21 | €5,829 | €3,879 | -€1,950 | -33.5% |
| Tangible fixed assets | 22/27 | €957,462 | €1,200,223 | +€242,761 | +25.4% |
| Land and buildings | 22 | €477,352 | €562,631 | +€85,279 | +17.9% |
| Plant, machinery and equipment | 23 | €93,883 | €144,898 | +€51,015 | +54.3% |
| Furniture and vehicles | 24 | €386,226 | €381,552 | -€4,674 | -1.2% |
| Leasing and similar rights | 25 | - | €111,141 | +€111,141 | |
| Financial fixed assets | 28 | €42,781 | €19,396 | -€23,385 | -54.7% |
| Current assets | 29/58 | €1,049,605 | €1,221,658 | +€172,052 | +16.4% |
| Stocks and contracts in progress | 3 | €67,252 | €97,033 | +€29,781 | +44.3% |
| Stocks | 30/36 | €22,180 | €27,748 | +€5,568 | +25.1% |
| Contracts in progress | 37 | €45,072 | €69,285 | +€24,213 | +53.7% |
| Amounts receivable within one year | 40/41 | €397,568 | €485,440 | +€87,872 | +22.1% |
| Trade receivables | 40 | €371,719 | €464,544 | +€92,826 | +25.0% |
| Other amounts receivable | 41 | €25,849 | €20,896 | -€4,954 | -19.2% |
| Cash at bank and in hand | 54/58 | €566,636 | €619,692 | +€53,056 | +9.4% |
| Deferred charges and accrued income | 490/1 | €18,149 | €19,493 | +€1,344 | +7.4% |
| Total equity and liabilities | 10/49 | €2,055,676 | €2,445,155 | +€389,479 | +18.9% |
| Equity | 10/15 | €1,047,998 | €1,157,279 | +€109,282 | +10.4% |
| Contributions | 10/11 | €108,697 | €108,697 | = | 0.0% |
| Reserves | 13 | €51,859 | €51,859 | = | 0.0% |
| Distributable reserves | 133 | €51,859 | €51,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €886,883 | €996,422 | +€109,539 | +12.4% |
| Investment grants | 15 | €558 | €301 | -€258 | -46.1% |
| Provisions and deferred taxes | 16 | €41,784 | €45,939 | +€4,155 | +9.9% |
| Provisions for liabilities and charges | 160/5 | €41,784 | €45,939 | +€4,155 | +9.9% |
| Other liabilities and charges | 164/5 | €41,784 | €45,939 | +€4,155 | +9.9% |
| Amounts payable | 17/49 | €965,894 | €1,241,937 | +€276,042 | +28.6% |
| Amounts payable after more than one year | 17 | €325,540 | €530,922 | +€205,381 | +63.1% |
| Financial debts | 170/4 | €325,540 | €530,922 | +€205,381 | +63.1% |
| Amounts payable within one year | 42/48 | €638,867 | €708,086 | +€69,219 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €143,206 | €163,439 | +€20,232 | +14.1% |
| Trade debts | 44 | €277,822 | €344,127 | +€66,306 | +23.9% |
| Suppliers | 440/4 | €277,822 | €344,127 | +€66,306 | +23.9% |
| Taxes, remuneration and social security | 45 | €114,740 | €97,420 | -€17,320 | -15.1% |
| Taxes | 450/3 | €54,056 | €29,620 | -€24,436 | -45.2% |
| Remuneration and social security | 454/9 | €60,684 | €67,800 | +€7,116 | +11.7% |
| Other amounts payable | 47/48 | €103,100 | €103,100 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,487 | €2,929 | +€1,442 | +97.0% |
| Remuneration, social security and pensions | 62 | €1,105,278 | €1,132,872 | +€27,594 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,694 | €222,263 | +€31,569 | +16.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €510 | €4,155 | +€3,645 | +715% |
| Other operating charges | 640/8 | €17,266 | €20,889 | +€3,623 | +21.0% |
| Gross operating margin | 9900 | €1,543,925 | €1,653,092 | +€109,167 | +7.1% |
| Operating profit (loss) | 9901 | €230,176 | €272,913 | +€42,737 | +18.6% |
| Financial income | 75/76B | €32,270 | €33,786 | +€1,516 | +4.7% |
| Recurring financial income | 75 | €32,270 | €33,786 | +€1,516 | +4.7% |
| Financial charges | 65/66B | €38,789 | €30,991 | -€7,799 | -20.1% |
| Recurring financial charges | 65 | €38,789 | €30,991 | -€7,799 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €223,658 | €275,709 | +€52,051 | +23.3% |
| Income taxes | 67/77 | €67,443 | €66,169 | -€1,274 | -1.9% |
| Profit (loss) for the period | 9904 | €156,214 | €209,539 | +€53,325 | +34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €156,214 | €209,539 | +€53,325 | +34.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.